COCHIN SHIPYARD LIMITED - Tenders India

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61 The tenderer shall specify the PAN No: allotted to him so that DGM (Fin) can ascertain his
liability to the Income Tax Department. The income tax/KVAT/ any other statutory taxes, as
per the rules /directions of the concerned departments, prevailing in force at the time of
payment of bills will be deducted while making payment or when crediting the amount to the
account.
62 The contractors registered under the Kerala Value Added Tax Act, 2003 shall produce a
Liability Certificate, along with the bill, in relation to the works contract, from the Assessing
Authority showing the tax liability or tax remittance as the case may be and the works
contract tax deduction will be made accordingly. Otherwise Works Contract tax @8% plus
CESS as applicable in the case of registered contractors and @10% plus CESS as applicable
in the case of unregistered contractors will be deducted from the payment released against the
contract.
63 All rejected materials shall be removed with in 3 days from the date of written order to that
effect. In case the rejected materials are not removed within the specified period mentioned
above the same will be removed by CSL at the cost and risk of the contractor.
64 CSL is an ISO 9001, ISO 14001 and ISO 18001 certified firm. All the contractors and
subcontractors shall comply with the measures related to the Quality, Health, and Safety &
Environment (QHSE) policy of CSL. Any clarification related to IMS requirements of the
yard, may be obtained by the contractor from the Engineer in charge or the authorized
representative of the contract, prior to the commencement of work
65 The final bill shall be paid within three months from the date of submission of claim (bill) by
the contractor or completion of all the items of work or date of acceptance of the bill by both
parties which ever is later.
66 It will be mandatory for the bidders to indicate their bank account numbers and other relevant
E-payment details so that payments could be made through ECS/EFT mechanism instead of
payment through cheques, wherever feasible.
67 Secured advance shall be given for non-perishable materials as provided in Clause 15 of
Conditions of Contract of GCC. Cement, Sand and different grades of hard granite broken
stones will not considered as a non-perishable item. For materials brought without valid
material Declaration forms issued from CISF Security section of CSL, Secured advance shall
be paid against a Bank Guarantee for an equivalent amount. Decision of the Engineer in
Charge to this aspect will be final.
68 Ground rental charges at the prevailing rate of Rs 5 per Sqm per month will be levied from
the contractor and will be recovered from the payment due to the contractor for the land
Signature of Contractor